Calabasas, CA (PRWEB) April 30, 2011
Whilst no imminent legislation is in sight, the California Democratic Congressional Delegation did send a letter to Attorney Basic Eric Holder that concludes amongst other things, Its clear that even soon after promising to operate with borrowers, and getting government incentives to do so, economic institutions are simply stringing the American individuals along. Right after reviewing thousands of complaints from our constituents, it appears that we arent dealing with isolated incidents and that a pattern of misconduct and obstruction is present.

When asked for a comment about the report, noted lawyer Philip Kramer explained, The technique as it is set up now merely does not operate. There is no accountability. There are no significant rewards or punishments. The lenders have each and every incentive to fall short. They do not disappoint in this regard.

Offered the scope of the problem, it appears likely that something is going to have to be accomplished to address the circumstance, but legislators are locked in partisan battle, and it appears most likely that for the time being home owners in problems are going to have to struggle with the banks or seek redress in the courts.

Its an unfortunate scenario, Philip Kramer comments, But I dont see something changing for the far better any time soon.

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ABOUT PHILIP KRAMER
PHILIP A. KRAMER is the senior companion of the Law Office of Kramer & Kaslow, in Calabasas, California. Kramer & Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on company litigation, and genuine home matters. He has prosecuted and defended instances for more than twenty 5 years.

Mr. Kramer is a licensed true estate broker and has spent considerable time offering legal services in connection with real estate troubles relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, construction and development, finance, and landlord tenant matters.

Mr. Kramer is admitted to practice before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has attempted in excess of 200 situations. He has appeared on nationally televised applications with regards to pre-trial procedure and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of a variety of legal and organization troubles.

Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in many companies. For a lot more data get in touch with (818) 224-3900 or pay a visit to http://kramer-kaslow.com

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